In 2015, nations around the world sent a strong message by signing the Paris Agreement at COP21. And yet the battle against climate change is far from over. The signatory countries have not yet committed to concrete measures. Enumerating them is a goal of COP24, taking place December 3-14 in Katowice, Poland.
Despite these steps, it would be a mistake to think that governments alone will be able to stem global warming.
The latest report by scientists from the Intergovernmental Panel on Climate Change (IPCC) is absolutely clear: to limit our impact on the climate, we must all commit to "rapid, far-reaching and unprecedented changes in all aspects of society".
For companies, setting out to achieve these goals has become a moral duty requiring swift action. It is also a great opportunity for them to rethink their business models and place in society. In the United States, many in the private sector understand the stakes and are stepping up to lead the climate battle after the US administration's decision to withdraw from the Paris Agreement. The commitment of former New York City mayor and billionaire Michael Bloomberg, who promotes low-carbon financial innovation in the Wall Street capital markets, is just one example.
In recent years, companies around the world have combined profit-making with respect for the environment. Some are supported by local governments, while others are struggling against all odds. But they must go even further. They must become the spearhead of the ecological big bang, accelerating and scaling up concrete solutions to bend the curve of greenhouse gas emissions.
To limit the devastating consequences of climate change and ensure sustainable living conditions for the planet's different species--including human beings --we must reduce our C[O.sub.2] emissions from 2010...